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Jun 2, 2026 12:00 PM

Nvidia CEO Crowns Marvell 'The Next Trillion-Dollar Company' — Stock Explodes 20%

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang handed Marvell Technology Inc. (NASDAQ:MRVL) one of the most powerful endorsements in recent semiconductor history Monday, declaring the chipmaker the “next trillion-dollar company” during a joint appearance at Computex in Taipei, and Wall Street responded immediately.

MRVL stock is climbing today. See the chart and price action here. 

Shares of Marvell surged as much as 22% in premarket trading Tuesday, with the stock changing hands around $258.58 as of early morning. 

The move adds to an already extraordinary 2026 run, MRVL has climbed more than 158% year-to-date, with a 52-week range stretching from $61.15 to $225.14. 

Jensen Hypes MRVL 

Huang made the comments while sharing the stage with Marvell CEO Matt Murphy at the annual Computex trade show. 

After Murphy wrapped a keynote presentation on AI infrastructure, Huang turned to the crowd and said: “The next trillion-dollar company, ladies and gentlemen.” 

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